An Empirical Study On The Herd Behavior Of Commercial Bank Credit In China

Commercial banks as credit intermediaries is dealing in money and credit business of financial institutions, is an important part of the financial institutions. Commercial banks have a pivotal role to achieve the optimal allocation of social resources, promote the healthy development of the national economy. In recent years, due to the credit herding behavior leading to credit, will make the efficiency of the use of credit funds is low, the imbalance of the national economic development, the risk of commercial banks, such as a lot of problems. In order to maintain financial stability and pro- mote the sustained and healthy development of the national economy, it is necessary to pay attention to and study the credit behavior of commercial banks in China.This paper based on the domestic and foreign commercial bank credit herd behavior, first of all from different field describes the classification of credit herding behavior on the related concepts and herd behavior, introduced in this paper the behavior of financial science research framework, and then analyze the consequences on the he rd behavior of credit. At the same time, combined with the actual situation of China’s credit of our country commercial bank credit herd behavior through data comparison, chart analysis method to our country credit area, time limit, industry, customer concentration are summarized, and then in the reference Uchida and Nakagawa(2007) of Japanese commercial bank credit herd behavior detection method through the VAR vector regression method, to our country commercial bank credit behavior empirical analysis. Empirical results show that the credit herd behavior exists between the Commercial Bank of our country, and there are a total of information of the commercial banks to make to choose the same rational herd behavior, combined with the empirical results of herd behavior in our country commercial bank credit reasons from different levels of analysis, finally, respectively, from the angle of the regulatory point of view, the bank angle and the third party guarantee and industry associations proposed weakening suggestions on the herd behavior of China’s commercial bank credit..